Archives For: Industry Updates

Mortgage Delinquencies Fall to Lowest Level in 23 Years

CoreLogic’s monthly Loan Performance Insights Report for December 2021 shows two factors have led to a decline in mortgage delinquencies.

8 Mar 2022

Sharifa A. Anderson Appointed Fannie Mae Senior Vice President and Chief Diversity and Inclusion Officer

Fannie Mae has announced it has appointed Sharifa A. Anderson as senior vice president and chief diversity and inclusion (D&I) officer, effective February 28, 2022.

1 Mar 2022

Rock Island Joins Regional Land Bank

Rock Island is partnering with other communities to address blight and abandoned properties in the Illinois Quad Cities.

1 Mar 2022

FHFA Announces More than $1.1 Billion for Affordable Housing Programs

FHFA Acting Director Sandra L. Thompson announced that the Housing Trust Fund and Capital Magnet Fund will receive a total of $1.138 billion for affordable housing initiatives from Fannie Mae and Freddie Mac (the Enterprises).

28 Feb 2022

Nobody’s Home: Bill Would Require Contact Info for Empty Buildings

It could be easier to contact the owners of abandoned and dilapidated properties if a bill sponsored by two Dayton-area lawmakers passes.

28 Feb 2022

FHFA Proposes to Update Minimum Financial Eligibility Requirements for GSEs

FHFA has re-proposes, and is seeking additional comments on, its minimum financial eligibility requirements for FNMA and FMHLC sellers/servicers.

25 Feb 2022

Forbearance Requests and Re-entries Increase as Exits Hits Record Low

Mortgage Bankers Association reports that more homeowners have requested to extend or re-enter forbearance in January, with exits at record low.

23 Feb 2022

Fannie Mae Recognizes 29 Mortgage Servicers for Industry Excellence

Fannie Mae announced the 2021 Servicer Total Achievement and Rewards™ (STAR™) Program results, which recognized 29 mortgage servicers for competency, capacity, and overall performance.

17 Feb 2022

Cook County Land Bank Authority Program Celebrates 1000th Renovated Home

Cook County officials celebrated a milestone Wednesday morning on the West Side with the 1,000th renovated home as part of a county-run program.

16 Feb 2022

Freddie Mac Announces 2021 SHARP Award Winners

Freddie Mac announced the nine winners of its 2021 Servicer Honors and Rewards Program, which annually recognizes mortgage loan Servicers for quality servicing, risk management and sustaining homeownership resulting in superior portfolio performance.

15 Feb 2022

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